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Jiangsu Changbao Steeltube (002478.SZ): The USA tariff policy has very limited impact on the company's business.
On April 9, Gelonghui reported that Jiangsu Changbao Steeltube (002478.SZ) stated on the investor interaction platform that the company's main products, such as oil casing, are not exported to the USA. A small number of specialty products exported to the USA account for a very small proportion of the company's revenue. Currently, the USA's tariff policy has very limited impact on the company's business. The company will continue to closely monitor changes in the international environment and actively respond to the complex and ever-changing external environment to ensure the company's long-term stable development.
The Consensus EPS Estimates For Jiangsu Changbao Steeltube Co.,Ltd (SZSE:002478) Just Fell Dramatically
Changbao Co., Ltd.: 2024 Annual Report Summary
Changbao Shares: 2024 Annual Report
Jiangsu Changbao Steeltube (002478.SZ): The net income for 2024 is 0.634 billion yuan, proposing a dividend of 2.2 yuan.
On March 27, Gelonghui reported that Jiangsu Changbao Steeltube (002478.SZ) announced its annual report for 2024. In 2024, the company achieved revenue of 5.696 billion yuan, a year-on-year decrease of 14.48%; Net income attributable to shareholders of the listed company was 0.634 billion yuan, a year-on-year decrease of 19.00%; Net income attributable to shareholders of the listed company after deducting non-recurring gains and losses was 0.507 billion yuan, a year-on-year decrease of 27.11%; basic EPS was 0.70 yuan; it is proposed to distribute a cash dividend of 2.20 yuan (including tax) for every 10 shares to all shareholders.
Jiangsu Changbao Steeltube (002478.SZ): Oil well pipe products are currently mainly used in the field of oil and gas extraction under complex conditions in both land and marine environments.
On March 21, Gelonghui reported that Jiangsu Changbao Steeltube (002478.SZ) stated on the investor interaction platform that the company's well pipe products for oil & gas extraction are its main products, currently primarily used in the oil and Henry Hub Natural Gas extraction fields under complex conditions both onshore and offshore. At present, deep-sea oil & gas exploration and development in China is still in the early stages, with broad prospects for increased reserves and production. The company will continue to strengthen cooperation with customers, further enhance technology and service capabilities, and support the development of China's deep-sea oil & gas fields and oil & gas resources under complex conditions.
Jiangsu Changbao SteeltubeLtd (SZSE:002478) Is Doing The Right Things To Multiply Its Share Price
